From Russia's Don Agro to SGX's Catalist with love
The wheat and raw milk producer plans to use IPO proceeds to expand land bank, among others
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Singapore
AGRI and dairy firm Don Agro International is hoping to get some love as it makes a Valentine debut on Singapore Exchange's Catalist on Friday and becomes the first Russian firm to list its shares on the local bourse.
The S$5.1 million initial public offering (IPO) involving new placement shares priced at 22 Singapore cents a piece is a big deal for the firm, which operates winter wheat, sunflower and dairy cattle farms in southern Russia's black-soil blessed Rostov region.
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